Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Excavation
Eprocure
Opening Date15 Feb 2025
Closing Soon26 Feb 2025
Tender AmountINR 5,75,77,000 (USD 6,63,495)

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender can be determined by the following formulas: 1. Turnover: Average Annual Turnover ≥ 0.3 * COST OF WORK 2. Similar work: - Three similar completed works: 0.4 * Estimated Cost - Two similar completed works: 0.5 * Estimated Cost - One similar completed work: 0.8 * Estimated Cost 3. Assessed available Bid capacity: 2AN - B > Estimated Value of the work, where - A = Maximum Value of Civil Engineering works executed in any one year during the last Five years - N = Number of years prescribed for completion of the works - B = Value of existing commitments These formulas provide the basis for calculating the required bid capacity.
Technical Capacity
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The required prior work experience for the bidder is not explicitly mentioned in terms of years. However, certain conditions and requirements are mentioned for different designations, including a Work Manager, Engineer Graduate, and Administration & Management, with minimum expected requirements but no specific work experience mentioned. Regarding similar works completed, there are two options: 1. Two Similar completed works costing not less than the amount equal to 50% of the estimated cost, 2. One Similar completed work costing not less than the amount equal to 80% of the estimated cost. Additionally, the experience will be updated by giving 8% simple weightage per year to bring them to the Current Financial Year price level. The bidder should have executed similar work from a specified list, and the average annual financial turnover during the last 3 years should be at least 30% of the cost of work (without GST). There are also conditions mentioned for completing the work, including: - 70% of the work to be completed in 1/2 of the time. - 90% of the work to be completed in 3/4 of the time. - The balance of the work to be completed within the time allowed.

Costs

  • EMD

    INR 11,52,000 (USD 13,275)

Description

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